True Cost of Buying in Illawong
2234 NSW · 26km to CBD
A decision, not just a search · Illawong
Does the lower estimated monthly cost make a property the better buy?
Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.
Questions that could change the answer
- Which costs are current supplied figures, and which are model defaults?
- What happens to your buffer if interest, repairs or vacancy costs rise?
- What finance, contract or inspection condition remains unresolved before an offer?
Evidence to obtain—not yet verified here
- Current lender terms and approval conditions, not only a borrowing estimate.
- Dated levy notices, rates, insurance quotes and maintenance information.
- Contract advice, inspection findings and comparable sales evidence.
Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.
Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.
When to revisit: Revisit when any input, approval condition, price or property finding changes.
General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.
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Market Intelligence
Illawong is a prestigious residential suburb in the Sutherland Shire, located 26km south of Sydney CBD. Known for its family-friendly atmosphere, the suburb features predominantly detached homes on larger blocks with some townhouse developments. The area is characterized by its proximity to the Georges River, quality educational facilities, and abundant parkland including bushland reserves and walking trails. Residents enjoy access to major shopping centers like Menai Marketplace and Westfield Miranda, while maintaining a peaceful suburban lifestyle. The suburb attracts families seeking quality schools, recreational amenities, and a strong community environment. Property values reflect its premium positioning within the Sutherland Shire, with waterfront and elevated properties commanding significant premiums. The area is primarily car-dependent with bus connections to major transport hubs. Illawong offers an ideal balance of natural amenities, educational excellence, and suburban tranquility, making it highly sought after by established families and professionals seeking a premium lifestyle location within reasonable commuting distance of Sydney.
Market Snapshot
Median House
$1.9M
+8.5% 1yr
Median Apartment
$750K
+6.2% 1yr
Median Townhouse
$1.2M
Vacancy Rate
1.8%
32 avg DOM
Yield (Apartment)
4.8%
Yield (House)
3.2%
Auction Clearance
72%
Population
3,200
True Cost Breakdown
Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier
Apartment
Purchase Price
$750,000
Stamp Duty
$28,280
1st Year Total
$58,004
House
Purchase Price
$1,850,000
Stamp Duty
$84,160
1st Year Total
$126,610
Townhouse
Purchase Price
$1,200,000
Stamp Duty
$48,530
1st Year Total
$82,916
Run Your Own Numbers
These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.
Community Profile
Median Income
$125,000
Median Age
42
Family Households
68%
Owner-Occupied
78%
Walkability
35/100
Public Transport
4/10
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